UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

                                   (Mark One)

    [X] Quarterly report under Section 13 or 15(d) of the Securities Exchange
                                   Act of 1934

                 For the quarterly period ended August 31, 2003

        [ ] Transition report under Section 13 or 15(d) of the Securities
                              Exchange Act of 1934

              For the transition period from _________ to _________

                           Commission File No. 0-30098

                      RUBBER TECHNOLOGY INTERNATIONAL, INC.

                 (Name of Small Business Issuer in Its Charter)



               NEVADA                                     88-0370454
(State  or  Other  Jurisdiction  of                    (IRS  Employer
 Incorporation  or  Organization)                  Identification  Number)


       3185 E.  WASHINGTON  BLVD.,
         LOS  ANGELES,  CALIFORNIA                          90023
(Address  of  Principal  Executive  Offices)             (Zip  Code)

                                 (323) 268-6842
                           (Issuer's Telephone Number)


           SECURITIES REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT:
                                     (None)

           SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:
                         Common Stock, par value $0.0001
                                (Title of Class)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports);  and (2) has been
subject to such filing requirements for the past 90 days.

Yes [X] No [ ]

Indicate the number of shares outstanding of each of the issuer's class of
common stock as of the latest practicable date:

      Title of each class of Common Stock Outstanding as October 13, 2003
    ------------------------------------------------------------------------
                   Common Stock, $0.0001 par value 81,497,035

           Transitional Small Business Disclosure Format (check one):

Yes [ ] No [X]

                                       1
<PAGE>



                                TABLE OF CONTENTS
                                -----------------

                         PART I - FINANCIAL INFORMATION

INDEX

                      RUBBER TECHNOLOGY INTERNATIONAL, INC.

PART  I.  FINANCIAL  INFORMATION

Item 1.   Consolidated Financial Statements

          Consolidated Balance Sheets at August 31, 2003 and November 30, 2002

          Consolidated  Statements  of  Operations - three and nine Months ended
          August 31, 2003 and August 31, 2002

          Consolidated  Statements  of Cash Flows - nine months ended August 31,
          2003 and August 31, 2002

          Notes to Consolidated Financial Statements

Item  2.  Management's  Discussion  and  Analysis  of  Financial  Condition  and
          Results of Operations

                           PART II. OTHER INFORMATION

Item  1.  Legal  Proceedings

Item  2.  Changes  in  Securities

Item  3.  Defaults  Upon  Senior  Securities

Item  4.  Submission  of  Matters  to  a  Vote  of  Security  Holders

Item  5.  Other  Information

Item  6.  Exhibits  and  Reports  on  Form  8-K


                                       2
<PAGE>
<TABLE>
<CAPTION>



                         PART I - FINANCIAL INFORMATION

                          ITEM 1 - FINANCIAL STATEMENTS

                      RUBBER TECHNOLOGY INTERNATIONAL, INC.
                                 BALANCE SHEETS



CURRENT ASSETS                                           August 31,     November 30,
                                                              2003            2002
                                                        ------------    ------------
                                                         Unaudited

<S>                                                     <C>             <C>
Cash                                                    $       --      $        119
Prepaid Expenses                                                 855             855
                                                        ------------    ------------

   Total Current Assets                                          974

Net Property and Equipment                                   626,282         792,482

OTHER ASSETS
Deposits                                                      11,725          11,724
                                                        ------------    ------------
TOTAL ASSETS                                            $    638,862    $    805,180
                                                        ------------    ------------

CURRENT LIABILITIES
Accounts Payable and Accrued Expenses                   $    375,229    $    428,355
Payroll Taxes Payable                                         78,805          69,030
Accrued Salaries to Employee/Shareholder                     477,860         459,860
Debenture Due                                                461,711         461,711
Short-Term Notes Payable                                   1,325,174       1,122,540
                                                        ------------    ------------

   Total Current Liabilities                               2,718,779       2,541,496

Long Term Debt                                               117,613         123,099
                                                        ------------    ------------

TOTAL LIABILITIES                                          2,836,392       2,664,595
                                                        ------------    ------------

SHAREHOLDERS' EQUITY
Common Stock, $.0001 par value, authorized
150,000,000 shares; issued and outstanding 81,497,035
shares                                                         7,775           8,125
Additional Paid-In Capital                                 8,126,176       8,475,826
Accumulated deficit                                      (10,331,481)    (10,343,366)
                                                        ------------    ------------

TOTAL SHAREHOLDERS' EQUITY                                (2,197,530)     (1,859,415)
                                                        ------------    ------------

Total Liabilities and Shareholders' Equity              $    638,862    $    805,180
                                                        ------------    ------------
</TABLE>


           See accompanying notes to financial statement disclosures.


<PAGE>
<TABLE>
<CAPTION>



                      RUBBER TECHNOLOGY INTERNATIONAL, INC.
                            STATEMENTS OF OPERATIONS



                                          3 months      9 months       3 months      9 months
                                         August 31,    August 31,     August 31,    August 31,
                                            2003          2003           2002          2002
                                        (Unaudited)   (Unaudited)    (Unaudited)    (Unaudited)

<S>                                    <C>            <C>            <C>            <C>
REVENUES                               $    70,407    $   239,879    $    22,009    $    22,009

Cost of Revenue                             34,094        101,589         24,095         24,095
                                       -----------    -----------    -----------    -----------

Income from Operations                    36,313      138,290       (2,086)      (2,086)

Selling, General and Administrative
Expenses                                    43,681        292,842          5,593        223,521
                                       -----------    -----------    -----------    -----------

Loss from Operations                        (7,368)      (154,552)        (7,679)      (225,607)

Gain from settlement of litigation          85,000         85,000           --             --

Unrealized Loss in Subsidiary                 --             --         (621,225)      (621,225)

Other Income from Discounted Payable        81,437         81,437         82,802         82,802
                                       -----------    -----------    -----------    -----------

Income (Loss) from Continuing
Operations                                 159,069         11,885       (546,102)      (764,030)

Income (Loss) from Discontinued
Operations                                    --             --             --         (402,164)
                                       -----------    -----------    -----------    -----------

NET INCOME (LOSS)                      $   159,069    $    11,885    $  (546,102)   $(1,166,194)
                                       -----------    -----------    -----------    -----------


Weighted Average Number of Common
Shares Outstanding                      81,497,035     83,821,853     86,554,729     86,554,729
                                       -----------    -----------    -----------    -----------

Earnings per Share:
Loss from Continuing Operations        $    0.0020    $    0.0001    $   -0.0063    $   -0.0088
Loss from Discontinued Operations           0.0000         0.0000         0.0000        -0.0046
                                       -----------    -----------    -----------    -----------

Net Loss                               $   0.0020     $    0.0001    $   -0.0063    $   -0.0134
                                       -----------    -----------    -----------    -----------
</TABLE>

           See accompanying notes to financial statement disclosures.

                                       3
<PAGE>
<TABLE>
<CAPTION>


                      RUBBER TECHNOLOGY INTERNATIONAL, INC.
                            STATEMENTS OF CASH FLOWS



                                                              9 months       9 months
                                                             August 31,     August 31,
                                                                 2003           2002
                                                            -----------    -----------
                                                            (Unaudited)    (Unaudited)

<S>                                                        <C>            <C>
Net INCOME (Loss)                                          $    11,884    $(1,166,194)

ADJUSTMENT TO RECONCILE NET LOSS TO NET CASH PROVIDED BY
(USED IN) OPERATING ACTIVITIES

Depreciation and Amortization                                  166,200         98,540
Accounts Receivable                                                         1,490,233
Inventory                                                                     295,756
Prepaid Expenses                                                                5,130
Deposits                                                                       68,420
Accounts Payable and Accrued Expenses                          (54,673)      (462,955)
Accrued Salaries to Officer                                     18,000           --
                                                           -----------    -----------

Net Cash (Used In) Operating Activities                        141,411        328,930
                                                           -----------    -----------

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases and Installation of Equipment                                          --
Minority interest, net of non-controlling interest                           (694,623)
                                                           -----------    -----------

Net Cash Provided by (Used In) Investing Activities                          (694,623)
                                                           -----------    -----------

CASH FLOWS FROM FINANCING ACTIVITIES
Short-term notes payable                                                     (745,936)
Notes payable                                                  (56,530)     1,015,546
Equipment loan                                                                   --
Loan principal reduction                                                         --
Proceeds from issuance of securities                                          127,501
Conversion of debenture to common stocks                                         --
Note and salaries payable - officers                           (85,000)          --
                                                           -----------    -----------

Net Cash Provided by (used in) Financing Activities           (141,530)       397,111
                                                           -----------    -----------

NET INCREASE (DECREASE) IN CASH                                   (119)        31,418

CASH, BEGINNING OF PERIOD                                          119         28,341
                                                           -----------    -----------

CASH, END OF PERIOD                                        $      --      $    59,759
                                                           -----------    -----------
</TABLE>

          See accompanying notes to financial statement disclosures.


                                       4
<PAGE>


                      RUBBER TECHNOLOGY INTERNATIONAL, INC.
                            AUGUST 31, 2003 AND 2002

                     HISTORY AND ORGANIZATION OF THE COMPANY

On May 7, 2002,  the Company  filed a Form 8-K  finalizing  the lease of its Los
Angeles,   California   facilities  to  Rubber   Technology  Group,  a  Delaware
Corporation that is not related to the Company.  The Company's principal line of
business is the  leasing of its Los  Angeles  tire  recycling  and crumb  rubber
facility.  The leasing of the facility  provides  the Company with  revenues and
eliminates overhead resulting from the operation. The Company is not able to pay
$355,715.65 which represents a note payable and loans payable to its officer and
shareholder,  Trevor Webb, and $235,000 in unpaid salary.  Besides the old debts
with Trevor Webb, the Company incurred new debt when Trevor Webb personally paid
$265,000 for the Company's out of court  settlement of a $350,000  lawsuit.  The
Company  agreed  to  assign  its rent to  Integrated  Financial  LLP,  an entity
controlled by Trevor Webb.

Rubber Technology International, Inc. ("RTEK") was a recycler of waste tires and
producer of recycled molded rubber products. RTEK is a Nevada corporation and is
currently  based in Los  Angeles,  California.  RTEK's prior  principal  line of
business involved  accepting waste tires from tire retailers,  service stations,
salvage yards, clean up jobs with governmental agencies, private individuals and
companies and recycling them to produce a variety of molded rubber products.

The Company  acquired the production  rights to significant  construction  grade
sand deposits located near Las Vegas, NV previously owned by Grant Claims,  LLC,
and intends to develop these  resources  towards the development of concrete and
other building related products.  The Company's subsidiary did not mine any sand
for the fiscal year ended  November 30, 2002.  The Company tested its investment
in Grant Claims Inc. for impairment.  The subsidiary has negative cash flows and
no expected future cash inflows.  The investment in Grant Claims Inc was written
down to zero for the fiscal year ended November 30, 2002.

In 1997, RTEK, (which at the time was designated Sunshine Capital, Inc. ("SCI"))
acquired all of the outstanding common stock of Rubber Technology International,
Inc., a Nevada corporation  (RTEK-Nevada) in a business combination described as
a "reverse acquisition." For accounting purposes, the acquisition was treated as
the acquisition of SCI (the  Registrant) by RTEK-Nevada.  On April 12, 2001, the
Company's  shareholders  approved a reincorporation of the original  corporation
from Florida to Nevada.

The Company is authorized to issue up to 150 million shares of $0.0001 par value
common stock and 20 million shares of $0.0001 par value  preferred  stock. As of
August 31, 2003,  81,497,035 shares of common stock were issued and outstanding.
There are no other authorized shares of common or preferred stock.


                                       5
<PAGE>



                       ACCOUNTING POLICIES AND PROCEDURES

In the opinion of the  management of the "Company,  the  accompanying  unaudited
financial  statements  include all normal  adjustments  considered  necessary to
present  fairly the financial  position as of August 31, 2003 and the results of
operation  and cash flows for the three month  period  ended August 31, 2003 and
2002.  Interim results are not necessarily  indicative of results to be expected
for any subsequent quarter or for the entire fiscal year.

The  consolidated  financial  statements  of the Company are prepared  using the
accrual  basis of  accounting.  The  financial  statements  have  been  prepared
assuming  that the Company  will  continue  as a going  concern.  The  financial
statements do not include any adjustments  that might result from the outcome of
this  uncertainty.  Management is addressing  this going concern  uncertainty by
discontinuing  its rubber  recycling  segment and  subleasing  the entire rubber
recycling segment to Recovery Technology Group. The Company assigned its rent to
Integrated  Financial  LLP,  an entity  controlled  by the  Company  officer and
shareholder, Trevor Webb.

Property and equipment on the balance sheet is being subleased.  For the quarter
ended August 31, 2003,  revenue is from sublease.  Revenue,  related costs,  and
expenses  from  the  rubber   recycling   segment  have  been   reclassified  as
discontinued operations.

                                            3 months           9 months
                                        August 31, 2002    August 31, 2002
                                        ---------------    ---------------

REVENUES                            $              --      $       530,140

COST OF GOODS SOLD                                 --              538,326
                                        ---------------    ---------------

GROSS MARGIN (LOSS) INCOME                         --               (8,186)

EXPENSES                                           --             (393,978)
                                        ---------------    ---------------

LOSS FROM DISCONTINUED OPERATIONS       $          --      $      (402,164)
                                        ---------------    ---------------


Property,  including leasehold improvements,  and equipment are carried at cost.
Depreciation is provided using  straight-line  and accelerated  methods for both
book and tax purposes  applied over the estimated useful lives of the equipment.
Leasehold  improvements  are amortized  over the term of the  applicable  lease,
assuming all  extensions are exercised.  The  acquisition  cost of Global Sight,
Inc. is being amortized over an estimated life of five years.  Applicable assets
are fully costed when they are determined to have no continuing useful value.

The Company's  main operating  facility is located in an Enterprise  Zone within
the City of Los  Angeles.  This  allows  for tax  advantages  such as labor  and
investment credits and extended tax carry-overs,  which are included herein. The
Company has  experienced  operating  losses to date and evaluates its need for a
provision  for  federal  income tax after  each  quarter.  Income  taxes for the
current  years are offset by prior  year's  losses and tax  credits  principally
arising  from the stated  Enterprise  Zone  credits and  provisions.  The Nevada
corporation operates the rubber recycling facility.


                                       6
<PAGE>


All  exchanges of common stock for services  rendered  were recorded at the fair
value of the services rendered.  The Company does not have definitive  contracts
with its  management  personnel.  Any common shares issued to these  individuals
were discretionary distributions.

The  Company  has not  adopted any policy  regarding  payment of  dividends.  No
dividends have been paid since inception.

The preparation of financial  statements in conformity  with generally  accepted
accounting  principles  requires that  management make estimates and assumptions
which affect the reported  amounts of assets and  liabilities  as of the date of
the  financial  statements  and revenues  and expenses for the period  reported.
Actual results may differ from these estimates.

The Company has adopted November 30 as its fiscal year end.

                                MINERAL INTERESTS

Effective  November  30, 2000,  the Company  completed a  combination  of assets
agreement  for the rights and assets of the Grant Claims sand  operation.  Under
this  agreement,  all the rights net of all the obligations of the Grant Claims'
prior operations,  were combined with the Company's contribution of 25.5 million
restricted  common shares in a new corporation  that will continue to pursue the
operation of the Grant Claims.  This  corporation  is 51% directly  owned by the
Company.

The purchase method of accounting was used to report this combination of assets.
This method  requires all common share  valuations of Company  stock,  including
Grant Claims,  Inc.'s  attributable  owned shares,  to be at current fair value,
recordation  of  operations  only  subsequent to the  combination  of assets and
consolidation of operations and recordation of the non-controlling  interests at
the non-owned  percentage.  After an impairment  test,  the  investment in Grant
Claims Inc was written down to zero for the fiscal year ended November 30, 2002.


                                LEASE COMMITMENTS

As of  November  30,  2002,  the  Company is on a  month-to-month  lease for its
production facilities.

On April  30th,  2002,  the  Company  signed  a lease  agreement  with  Recovery
Technologies Group, Inc., for the lease of its Los Angeles facility. The term of
the lease is 5 years  with an option to extend for an  additional  5 years or to
purchase  the  facility.  The  monthly  rent is $ 26,000  and the  agreement  is
retroactive to February 21st,  2002, at which time Recovery  Technologies  Group
began operating.  Recovery  Technologies Group, Inc. reduced the monthly rent to
$23,469.13 when Recovery  Technologies  Group, Inc. agreed to pay and settle the
claim of the Company's former vendor in January 2003.


                                       7
<PAGE>


Recovery  Technologies  Group,  Inc.  has an option to purchase  the  production
facilities for $490,000  during the month of February 2007. The lease  agreement
expires in August 2007.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS

The following  discussion contains certain  forward-looking  statements that are
subject to business  and economic  risks and  uncertainties,  and the  Company's
actual results could differ  materially from those  forward-looking  statements.
The  following  discussion  regarding  the  financial  statements of the Company
should be read in conjunction with the financial statements and notes thereto.

GENERAL OVERVIEW

The Company's  principal line of business is the leasing of its Los Angeles tire
recycling and crumb rubber  facility.  The leasing of the facility  provides RTI
with revenues and eliminates overhead resulting from the operation.  The Company
assigned  its rent to  Integrated  Financial  LLP, an entity  controlled  by the
Company officer and shareholder, Trevor Webb. The Company is not able to pay its
old debts with its officer and  shareholder.  The Company incurred new debt when
Trevor Webb personally  paid $265,000 for the Company's out of court  settlement
of a $350,000 lawsuit.

Additionally, the company continues to maintain its mining rights through its 51
% ownership in Grant Claims, Inc. and plans to focus on initiating  operation at
the site.  The  investment  was  written  down to zero for the fiscal year ended
November  30,  2002.  However,  there  can be no  assurance  that the  Company's
management  resources or  information  systems will be  sufficient to manage any
future growth in the Company's  business,  and the failure to do so could have a
material  adverse  effect on the Company's  business,  results of operations and
financial condition.

Integrated  Financial  LLC is aware that it must pay certain  creditors  for the
continued operations of the subleased facilities. The Company may be able to pay
its old debts but over an extended period of time.

RESULTS OF OPERATIONS OF THE COMPANY

THREE MONTHS ENDED AUGUST 31, 2003 COMPARED TO THREE MONTHS ENDED
AUGUST 31,2002

REVENUES - Revenues  totaled  $70,407and  $22,009  three months ended August 31,
2003  and  2002,  respectively.  Revenue  for the  current  year is from a lease
agreement with Recovery  Technology  Group, Inc. Revenue of the rubber recycling
segment  for the  current  and prior  quarters  were  included  in  discontinued
operations.


                                       8
<PAGE>


COST  OF  REVENUE  - Cost  of  revenue  totaled  $34,094  and  $24,095  for  the
three-month  periods  ended  August  31,  2003 and 2002,  respectively.  Cost of
revenue for the period ended August 31, 2003 was  comprised of equipment  leases
totaling $34,094. As a percentage of total revenues, cost of revenue was 48% and
109% and,  resulting  in  apparent  gross  margins of 52% and loss of 9% for the
three-month periods ended August 31, 2003 and 2002, respectively.  Cost of sales
of the rubber  recycling  segment for the first and second quarters of the prior
fiscal year were included in discontinued operations.


SELLING,   GENERAL   AND   ADMINISTRATIVE   EXPENSES  -  Selling,   general  and
administrative ("SG&A") expenses totaled $43,681 and $5,593 for the three months
ended August 31, 2003 and 2002,  respectively.  In the three months ended August
31, 2003, legal expenses  totaled $11,145.  The net income was $159,069 and loss
was $546,102 for the three-months ended August 31, 2003 and 2002,respectively.

The Company's  officer and  shareholder  personally paid $265,000 for a $350,000
debt. The Company recognized a gain of $85,000 for the extinguishment of debt.

NINE MONTHS ENDED AUGUST 31, 2003 COMPARED TO NINE MONTHS ENDED AUGUST 31, 2002

REVENUES - Revenues  totaled  $239,879  and $22,009 nine months ended August 31,
2003  and  2002,  respectively.  Revenue  for the  current  year is from a lease
agreement with Recovery  Technology  Group, Inc. Revenue of the rubber recycling
segment for the first and second quarters of the prior fiscal year were included
in discontinued operations.

COST  OF  REVENUE  - Cost  of  revenue  totaled  $101,589  and  $24,095  for the
nine-month periods ended August 31, 2003 and 2002, respectively. Cost of revenue
for the period ended August 31, 2003 was comprised of equipment  leases totaling
$101,589.  As a percentage of total  revenues,  cost of revenue was 42% and 109%
and, resulting in apparent gross margin of 58% and loss of 9% for the nine-month
periods  ended  August  31,  2003 and 2002,  respectively.  Cost of sales of the
rubber  recycling  segment for the first and second quarters of the prior fiscal
year were included in discontinued operations.

SELLING,   GENERAL   AND   ADMINISTRATIVE   EXPENSES  -  Selling,   general  and
administrative  ("SG&A")  expenses  totaled  $292,842  and $223,521 for the nine
months  ended August 31, 2003 and 2002,  respectively.  In the nine months ended
August 31, 2003,  legal  expenses  totaled $9,000 The net income was $11,884 and
loss  was   $1,166,194   for  the  nine  months   ended   August  31,  2003  and
2002,respectively.

The Company's  officer and  shareholder  personally paid $265,000 for a $350,000
debt. The Company recognized a gain of $85,000 for the extinguishment of debt.


                                       9
<PAGE>


ASSETS AND  LIABILITIES  - Assets  decreased  to $638,862 as of August 31, 2003.
Assets as of November 30, 2002 were $805,180.  The decrease was primarily due to
accumulated depreciation.  Liabilities increased to $2,836,392 due to additional
short term notes payable to officer/shareholder.

STOCKHOLDERS'  EQUITY - Stockholders'  equity decreased from  ($1,859,415) as of
November  30, 2002 to  ($2,197,530)  as of August 31,  2003.  The  decrease  was
substantially  caused by the  continued  losses  incurred  by the company in its
operations.

LIQUIDITY AND CAPITAL RESOURCES

GENERAL - Overall,  the  Company  had a  negative  cash flow of $119 in the nine
months ended  August 31,  2003,  resulting  from  $141,411 of cash  provided the
Company's operating  activities,  and ($141,530) used in the Company's financing
activities.

CASH FLOWS FROM  OPERATIONS - Net cash provided by the  operating  activities of
$141,411 was primarily  due to a  consolidated  net income of $11,884,  $166,200
provision for depreciation,  increase in accrued salaries to officers of $18,000
and a $54,673 offset by a decrease in accounts payable and accrued expenses.

CASH FLOWS FROM INVESTING - The Company had no investing activities for the nine
months ended August 31, 2003.

CASH FLOWS FROM  FINANCING - Net cash used in financing  activities  of $141,530
was cash used for notes  payable of  $56,530  and  $85,000  for short term notes
payable from shareholder/officer.

Noncash  activities were $85,000 from  extinguishment of debt and $81,437 income
from discounted payable.


CAPITAL EXPENDITURES

The Company had no capital expenditures in the nine months August 31, 2003.

INFLATION

Management  believes  that  inflation  has  not  had a  material  effect  on the
Company's results of operations.

EMPLOYMENT

As of August 31, 2003, the Company had 2 employees.


                                       10
<PAGE>



                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

The  Company  may from time to time be  involved  in various  claims,  lawsuits,
disputes with third parties, actions involving allegations of discrimination, or
breach of contract actions  incidental to the operation of its business.  Except
for the matters listed below, the Company is not currently involved in any other
litigation  which it  believes  could have a  materially  adverse  effect on its
reported financial condition or results of operations.

- Fred Maidenberg,  Larchmont  Property,  LLC, Infonet of Nevada, Inc. v. Rubber
Technology  International,  Inc. On March 12, 2002,  plaintiffs filed a claim in
the  California  Superior  Court,  County of Los  Angeles  against  the  Company
alleging  claims  for  breach  of  contract,   specific  performance,   judicial
foreclosure,  breach of fiduciary duty, fraud, and injunctive relief. Plaintiffs
allege that the Company failed to pay for services  rendered and failed to repay
loans granted by plaintiffs.  Plaintiffs'  complaint  seeks $350,000 in damages.
The plaintiff was a former creditor who converted $350,000 to equity in November
30, 2000.  As part of the  settlement  agreement,  the Company and the plaintiff
rescinded the conversion. The shareholder/officer,  Trevor Webb, personally paid
$265,000  for an out of  court  settlement.  The  Company  recognized  a gain of
$85,000  for  the  difference   between  the  $350,000  debt  and  the  $265,000
settlement.

The Internal Revenue Service,  California Employment Development Department, and
the Los Angeles County have filed liens for unpaid payroll and property taxes.

                     RECENT SALES OF UNREGISTERED SECURITIES

In March 2001,  the Company  entered into a Securities  Purchase  Agreement with
fourteen  accredited  investors  pursuant  to which it agreed to issue  $514,000
aggregate amount of convertible debentures.  The debentures bear 5% interest per
annum upon  maturity  two years from the issue date and are  convertible  at the
option of the holder into shares of the  Company's  common stock at a conversion
price equal to either (i) One hundred and twenty  percent  (120%) of the closing
bid price of the common stock on March 1, 2001 or (ii) eighty  percent  (80%) of
the average  five (5) closing bid prices of the  Company's  common stock for the
ten (10) trading days prior to the date of conversion.

On March 6, 2002, the Company issued an aggregate of 4,128,287  shares of common
stock to three of the  investors  upon  conversion of an aggregate of $60,000 of
the Debenture at the rate of $0.0152 per share.  The issuance of the  Debentures
and the  shares  underlying  them  was a  private  transaction  without  general
solicitation or  advertisement to accredited  investors  pursuant to Rule 506 of
Regulation D of the Securities Act of 1933.

On July 1, 2002, the Company  issued an aggregate of 2,083,333  shares of common
stock to one of the investors  upon  conversion of an aggregate of $8,000 of the
Debenture at the rate of $0.00384 per share.  The issuance of the Debentures and
the underlying shares was a private transaction without general  solicitation or
advertisement  to accredited  investors  pursuant to Rule 506 of Regulation D of
the Securities Act of 1933.


                                       11
<PAGE>


On October 30, 2002, the Company issued an aggregate of 865,547 shares of common
stock to three of the investors upon conversion of an aggregate of $1,523 of the
Debenture at the rate of $0.00176 per share.  The issuance of the Debentures and
the underlying shares was a private transaction without general  solicitation or
advertisement  to accredited  investors  pursuant to Rule 506 of Regulation D of
the Securities Act of 1933.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

ITEM 5. OTHER INFORMATION

None

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits

None.

(b) Reports on Form 8-K

On April 7, 2003, the Company filed a Form 8-K/A  announcing the hiring of a new
accountant.  Vasquez  & Company  LLP was  hired on  November  1,  2002.  The new
accountant was not consulted regarding the application of accounting  principles
to a  specific  completed  or  contemplated  transaction,  nor the type of audit
opinion  that  might  be  rendered  on the  small  business  issuer's  financial
statements  and  neither  written  nor  oral  advice  was  provided  that was an
important factor  considered by the small business issuer in reaching a decision
as to the accounting, auditing or financial reporting issue.



                                       12
<PAGE>




                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned, thereunto duly authorized.


Dated:  October 13, 2003

                      RUBBER TECHNOLOGY INTERNATIONAL, INC.
                                  (Registrant)

By:  /s/  Trevor  L.  Webb
Trevor  L.  Webb
President  and  Chief  Executive  Officer  and  Director



Pursuant to requirements of the Securities Exchange Act of 1934, this report has
been signed below by the following  persons on behalf of the  registrant  and in
the capacities and on the dates indicated:

      Signature                   Capacity                        Date
   ------------------          ------------------          ------------------

   /s/  Trevor  L.  Webb           Director                   October 13, 2003